Japan—Industry Value Added (Current USD)
Japan's industry value added (current usd) was $1.21T in 2023, ranking #3 out of 201 countries. This represents a +2.0% change from 2022. Over the past 24 years, the highest recorded value was $1.67T (2012) and the lowest was $1.18T (2022). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | $1.21T | +2.0% |
| 2022 | $1.18T | -19.8% |
| 2021 | $1.47T | +0.3% |
| 2020 | $1.47T | -0.4% |
| 2019 | $1.47T | +0.8% |
| 2018 | $1.46T | +2.7% |
| 2017 | $1.42T | -0.6% |
| 2016 | $1.43T | +12.8% |
| 2015 | $1.27T | -5.0% |
| 2014 | $1.34T | -3.7% |
| 2013 | $1.39T | -16.6% |
| 2012 | $1.67T | +0.1% |
| 2011 | $1.66T | +2.0% |
| 2010 | $1.63T | +13.8% |
| 2009 | $1.43T | -2.4% |
| 2008 | $1.47T | +8.4% |
| 2007 | $1.36T | -0.7% |
| 2006 | $1.37T | -5.4% |
| 2005 | $1.44T | -1.6% |
| 2004 | $1.47T | +7.9% |
| 2003 | $1.36T | +7.5% |
| 2002 | $1.26T | -6.7% |
| 2001 | $1.36T | -16.1% |
| 2000 | $1.62T |
Top Countries — Industry Value Added (Current USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | China | $6.84T | 2024 |
| 2 | United States | $4.17T | 2021 |
| 3 | Japan | $1.21T | 2023 |
| 4 | Germany | $1.20T | 2024 |
| 5 | India | $962.95B | 2024 |
| 6 | Russian Federation | $667.81B | 2024 |
| 7 | Korea, Rep. | $635.80B | 2024 |
| 8 | United Kingdom | $631.22B | 2024 |
| 9 | Mexico | $589.91B | 2024 |
| 10 | Saudi Arabia | $557.10B | 2024 |
About This Indicator
Definition
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Methodology
Data compiled by Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).